A to Z Corporation engaged in the following transaction "Purchased a building for $80,000 cash." On the Statement of Cash Flows, the transaction would be classified as __________. a. Cash Flows from Operating Activities. b. Cash Flows from Investing Activities. c. Cash Flows from Financing Activities B. Bonds Company The following is a single-step income statement for the B. Bonds Company: B. Bonds Company Income Statement For the Year Ended December 31, 2004 Revenues Net Sales $200,000 Interest Income 17,500 Total Revenues $217,500 Expenses Cost of Goods Sold $50,000 Selling Expenses 20,000 General and Administrative Expenses 27,500 Interest Expense 12,500 Income Tax Expense 39,000 Total Expenses 149,000 Net Income $68,500 Refer to B. Bonds Company. If the income statement were prepared in a multiple-step format, income from operations would be __________. a. $ 77,500 b. $ 80,000 c. $ 102,500 d. $ 97,500 Eagle Eye, Inc. a corporation received an additional investment of $5,000 cash in exchange for shares of capital stock. How does this transaction affect Eagle Eye's accounts? a. Increase in stock expense and decrease cash by $5,000 each b. Increase capital stock and increase cash by $5,000 each c. Increase capital stock and increase revenue by $5,000 each. d. No effect at this time If title to merchandise purchases passes to the buyer when the goods are delivered to the buyer, the terms are: a. consigned b. n/30 c. FOB shipping point d. FOB destination